If price runs over 1.5390 to gather sell stops in the LO timeframe I will be looking to short around the 1.5410 level. Should this not get hit before any fall my entry will be at 1.5380 which is my broker level at 5am.
Any fall below1.5340 or push over 1.5425 and I will not trade this LO on this basis.
Daily 9 and 18 EMA all continue to suggest lower prices at the moment.
ICT Fib retracement, overlaid by hourly order block and conveniently above the previous swing high to create a nice stop run.
Entry at 1.2347, stop at 1.2373 and TP at 1.2250
That's if it gets triggered today.
Conscious NFP so stop runs are in order but there is what I think looks like a MMS profile running up to an hourly bearish OB, at the OTE level, coinciding with the 1st STD of the CBDR of 1.5702.
Only concern is NFP running stops above 1.5725 hence much reduced risk.
Again, daily 9 & 18 EMA on both GBPUSD and ...
Daily 9 & 18 EMA all in bearish condition for GBPUSD
Hourly ICT Order Block coinciding with ICT Sweet Spot
3rd std of the CBDR is 1.5703 which could cap the day which is very close to the 1.57 round number
ISM today could provide a run up, if it does I will be looking to short in the 1.5710 area with a 25 pip ...
I don't usually trade Mondays as I find it too tricky but here is a set up I will be looking at.
The 9 and 18 EMA all confirm short positions only.
It is ISM at 15:00 GMT so if the trade is too close I won't take it, it would be much better (for me) to see it run into my entry from a distance before I short. What ...
Daily 9 and 18 EMA continue to suggest lower prices for Cable.
There is a nice confluence of 1.57 big figure, OTE, Order Block, weekly open level and also 3rd STD of the CBDR
So if the 1.5690 level hit in the London Open timeframe I will be shorting with a 25 pip stop and targeting at least 1.56
The daily 9 and 18 EMA on both the USDX and EUR continue to support a move lower for the EURUSD pair. On the hourly chart there is an order block that lies right on the 79% retracement sweet spot that is also just above the weekly open that can act as resistance. Further, there is a support turned resistance ...
Again, daily 9 and 18 EMA's on GBP and USDX support long dollar and short pound.
Nice little order block on the 4 hour chart, sitting on the ICT fib sweet spot area that also coincides with a previous swing point and the 1.5950 level.
Plan entry at 1.5950 if hit today with 25 pip stop. Targeting 1.58
The USDX has retraced into the 87.40 region which is an area of previous consolidation.
The daily 9 and 18 EMA continue to support long dollar and short EUR.
The sweet spot for the ICT fib lies directly on the order block which also is very close to the 1.2520 figure (like 80's and 20's).
If it hits 1.2520 this ...
9 and 18 daily EMA on EUR and USDX all supporting the short scenario.
There have been interesting reactions at the 1.2582 in the past and it is also an ICT institutional level.
It coincides with an hourly, bearish order block and the sweet spot for a retracement.
It is above the weekly open and is at the ADR high ...
Based on my previous EUR short. Should that fail I would be looking for a reaction on the bearish 4hr order block at London or New York opening times. FOMC tomorrow may be interesting too.
This also coincides with the 1.28 big figure, the swing high on the 9th October.
My entry would be 1.28 with a stop at ...
Major swing down showing OTE between 1.2790 and 1.2752. This coincides with a bearish hourly order block that occurred at New York Open on the 21st October. This area also covers the 1.2750 mid figure.
Given the Durable goods data and consumer confidence data to be released (12:30 GMT) this could provide a run to ...